Carnegie Clean Energy Predicts Fast Growth after Adapting Solar Power
Energy World reported that Carnegie Clean Energy is expecting their annual revenue to go up 17 times over a 2-year period all thanks to a push into...
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Solar Trust Centre Team : Mar 29, 2017 10:35:18 PM
Carnegie Clean Energy Ltd is expected to start construction of a 10-MW solar power plant in Western Australia in the middle of the year. The plant is designed to be a battery storage-ready.
This build-own-operate project in Northam will be delivered under the joint venture between Carnegie subsidiary Energy made Clean or EMC and Lendlease Services Pty Ltd announced last December 2016. Commissioning of the project is expected by the end of 2017.
The total investment for the solar park is between $15M to $20M. It will be 100% privately funded and Carnegie also stated that it has a range of funding options that includes shared ownership to make the project a reality. The solar farm costing, design, solar radiation studies, land surveys and electrical output analysis have been completed. It just needs to get and secure council planning approval and network connection approval from Western Power.
Once completed, it can sell power through a power purchase agreement or on a merchant basis into the Wholesale Electricity Market.
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